Bearing all that in mind, Tencent Music is putting up a combination of cash ($1.26 billion) and stock to purchase Ximalaya, the aforesaid disclosure shows. Stock-wise, that refers mainly to ...

China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources ...

Ximalaya generated revenue of CNY 6.2 billion (USD 870 million) in 2023, roughly 20% of Tencent Music's. Its operating margin was just above breakeven (around 1.5%), which is typical for ...

Ximalaya, a major force in spoken-word content, is set to become a subsidiary of TME. By Marc Schneider Industry News Editor Tencent Music Entertainment, China’s fast-growing streaming platform ...

Ximalaya, backed by China's Tencent Holdings (0700.HK), had filed for an IPO in April. read more ...

Ximalaya's extensive library will also provide content for a smart in-vehicle platform that Tencent Music is developing. Tencent Music's strong financials will also give it the necessary resources ...

Ximalaya Inc. (XIMA), currently being the largest online audio platform in China, is well expected to benefit from such growth. However, competition in the sector is also getting extremely intense.

Chinese podcasting startup Ximalaya Inc. is pushing back the launch of its planned initial public offering in Hong Kong, in an abrupt change of heart amid market volatility, people familiar with ...

Ximalaya is seeking to raise funds at about $3.5 billion valuation as the Chinese online podcast and radio services startup looks to expand further, according to people familiar with the matter.

China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources ...

Tencent Music to Acquire Chinese Podcast Platform Ximalaya for $2.4 Billion Ximalaya, a major force in spoken-word content, is set to become a subsidiary of TME.